Nutrien Ltd (NTR) Stock AnalysisNTRStock AnalysisNutrien Ltd

Nutrien Ltd. is a global provider of crop inputs and services. The Company operates a network of production, distribution and ag retail facilities. The Company’s segments include Nutrien Ag Solutions (Retail), Potash, Nitrogen and Phosphate. Its downstream Retail segment distributes crop nutrients, crop protection products, seed and merchandise, and provides agronomic application services and solutions, including the services offered through Nutrien Financial. The Retail segment also manufactures and distributes proprietary products and provides services directly to farmers through a network of retail locations in North America, South America and Australia. Its upstream Potash, Nitrogen and Phosphate segments are differentiated by the chemical nutrient contained in the products that each segment produces and are supported by midstream activities, which include the global sales, freight, transportation and distribution of its products. It operates in the Basic Materials sector.

Nutrien Ltd (NTR) is a good buy right now due to its current price of $73.51, which is below several analyst price targets, including $78 from Barclays and $84 from CIBC. The stock has shown a strong year-to-date change of +16.39% and a one-year change of +27.62%, indicating solid growth. However, a risk to consider is the hedge fund selling activity, which has increased by 116.85% over the last quarter, suggesting some caution in the market.

12 analysts cover NTR: 7 rate it Buy, 5 Hold and 0 Sell. The average price target is 66.08.